Egypt resumes billet purchases, supporting ex-CIS pricing
Egyptian buyers have returned to the market to restock and just in time to provide the needed support for ex-CIS billet pricing.
Egyptian buyers have returned to the market to restock and just in time to provide the needed support for ex-CIS billet pricing.
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Another lively week in terms of demand is observed in Turkey’s import scrap market, also as reflected in the short sea segment.
With mounting concerns about the availability of commercial material, prices for coking coal have continued to rise.
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Iran-based slab suppliers have had no other choice but to lower their prices in order to obtain orders.